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Tangelo Games Corp. IPRSF

Technology Electronic Gaming & Multimedia
"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."


GREY:IPRSF - Post by User

Tangelo Games Corp. > Very expensive financing
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Comment by Bangkokboyon Nov 09, 2015 4:18am
128 Views
Post# 24272341

RE:RE:RE:Very expensive financing

RE:RE:RE:Very expensive financingThis is older news but relevant to a recent post. IT had reported sales of 113 million, while during the same period last yr they had 13 mil. So this puts things in perspective as to the growth potential and the reasoning why acquisitions are important. I'll take expensive financing over dilution any day, considering it can be covered within a calendar yr in theory.
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